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20130121
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Search Results 0 to 23 of about 24 (some duplicates have been removed)
about the debt ceiling and sequestration that hurtd g.d.p. and the fiscal deal. again, everyone wants deficit reduction. they do not want debt pour on. >> do you believe there is still an appetite to cut spending? this is a walkway that will connect the white house and the reviewing stand and the motorcade is going to the south side of the white house behind the white house, and the back of this building right now and they go to the white house to this walkway just to get to this reviewing stand. you are looking at there and seeing what, robert? it seems like more gamesmanship in both sides with a brief window. >> the economy is better, that is clear. housing is coming back. there is alignment between the business community and the priorities of the executive office. immigration reform. education. corporate tax reform. we need the other things we mentioned, the debt ceiling happened first. otherwise, this is going to be an uncertain year. >> why didn't you get picked if treasury? ing in against jack lew but they need guys like you. >> i am very flattered. fox should start a campaign f
holding the debt ceiling hostage. there was a threat implicitly from his speech writers that he would use this platform to again go-against republicans. >> would that not be rather unusual? is this not where he transcends the dogfight and becomes the dignified head of state? >> presidents have used it in the past to further their agendas. keep in mind that we have the state of the union speech, saving his harsher attacks for that speech, talking about his vision for the country for the next four years. >> do you think that that will be determined and preoccupied by domestic events? or do you think he will be looking to secure the legacy with a big gesture movement on middle east peace, for example? >> absolutely, the stereotype of second term presidents is that they will go for middle east peace. this president is no exception. he laid the groundwork for that with mohammed morsi a few weeks ago. every indication from the white house is that they will be trying to work on iran and the crisis brewing there. also the crises in syria and somalia. there are tons of places where they realize th
. right now they're talking about perhaps an increase in the debt ceiling that lasts for a couple of months, that is offering that to the president. frankly, and russ say agree with me here, i don't think markets would react to -- very approvingly to basically just another lurch from crisis to crisis. it wasn't too long ago that, maria, you and i were sitting in these chairs talking about the fiscal cliff. now the debt ceiling. do you want to have this discussion two months from now? >> i believe everybody believes this debt ceiling will be extended. you know these guys well. you worked right there with vice president biden. let me get your take on this. if we keep fighting about spending cuts and reining in the spending, how come it's always about putting the gloves on and fighting? we're not going to do this, we're not going to do that. how come we haven't seen any proposals for spending cuts? are we going to see that, you think? >> i do think so. i mean, i think that we have to go through this unfortunately, at least recent history suggests we have to go through this crisis men
ceiling debate continues after the proposal last week from the house republicans meeting down in williamsburg, but there are also two other big deadlines here forcing issues. one is the sequestration and the other is the so-called continuing resolution that would keep the government going and that's where the fight may well be played, right? >> absolutely. you could see a government shutdown sometime after march 27th if the continuing resolution isn't extended, but what we're hearing now -- by the way, senator chuck schumer talked about this yesterday is democrats saying, we are going to -- in the senate, we are going to put up a budget and that budget is going to involve new revenues and spending cuts and it would be kind of crazy not to incorporate all of these into that document. >> all right. thanks to jared bernstein, don baer, chuck gabriel, hampton pierce on and eamom jabbers. the 57th inauguration of a president. the 21st time that a president has been inaugurated, a sitting president, for a second term. it's been a very interesting day. i think the award for funkiest
is what president obama said monday about the debt ceiling. >> so i want to be clear about this, the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending, it simply allows the country to pay for spending that congress has already committed to. >> mike: well, according to the congressional record, in 2006, then senator barack obama had this statement just before a debt ceiling vote and i quote, the fact that we are here today to debate raising america's debt limit is a sign of leadership failure, it's a sign that the u.s. government can't pay its own bills, it's a sign that we now depend on ongoing financial assistance from foreign countries to finance our government's reckless fiscal policies. leadership means that the buck stops here. instead, washington is shifting the burden of bad choices today on the backs of our children and grandchildren, therefore intend to oppose the effort to increase america's debt limit. in 2008, candidate obama blamed president bush and called the growing debt unpatriotic. >> number 43 added 4
weeks back, here is what president obama said monday about the debt ceiling. >> so i want to be clear about this, the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending, it simply allows the country to pay for spending that congress has already committed to. >> mike: well, according to the congressional record, in 2006, then senator barack obama had this statement just before a debt ceiling vote and i quote, the fact that we are here today to debate raising america's debt limit is a sign of leadership failure, it's a sign that the u.s. government can't pay its own bills, it's a sign that we now depend on ongoing financial assistance from foreign countries to finance our government's reckless fiscal policies. leadership means that the buck stops here. instead, washington is shifting the burden of bad choices today on the backs of our children and grandchildren, therefore intend to oppose the effort to increase america's debt limit. in 2008, candidate obama blamed president bush and called the growing debt unpatriotic.
retreated last week. whether to extend the debt ceiling. well, maybe we will extended for three months without spending cuts. i think they're feeling their oats right now plan that was reflected by that statement by chuck schumer. lori: without question. thank you so much. love your insight. >> thank you, melissa. melissa: breaking news. the death toll from the algerian gas plant seeds climbing past 80 people as more bodies are being found. u.s. officials say that the american casualties now stand at three people. straight to fox news with more. >> well, that toll is likely to continue to increase in the coming days and maybe even weeks. aagerian officials continue to sift through the entire debris at the tax side. dozens of people are still unaccounted for. officials say they're finding dozens of mangled bodies all over the facility. it is really difficult to tell whether or not they are the bodies of hostages or the attackers. making matters worse according to algerian officials, fears a booby traps and mines all over the gas facility. melt the group is planning responsibility for th
, martha, where they're cot delling together what could be a three-month extension of the debt ceiling to try to hammer out more spending cuts and coupled with chuck schumer, the man in charge of today's big inaugural event, more tax hikes. a lot of bruising to come as far as they settle this but they are a long way from settling it. martha: neil, that raises a bigger question. you look at the second term of fdr who dealt with obviously severe economic distress in this country. what happened was they relapsed. there is lot of concern if we do continue to raise taxes and small business owners who the president said are one of his priorities in the second term, but if their sense is their taxes are going higher, they will continue to pull in and get smaller and leaner and not hire i would imagine. so the big question is, where is the whole economy going to head if taxes are increased in other ways in this country? >> well you know the president spoke to quickly come back at the notion, if wall street is worried about this and companies are worried about this, investors are worried about
. gerri: you don't in addition of the purse strings on the debt ceiling to use that at the a lever and give the president to stop spending? >> i didn't say that the man at the day. they just moved it back. gerri: what do you think? should they use the debt ceiling? >> ultimately, short. two tools that are very real and very powerful coming up. obama has tried to demonize the debt ceiling. okay. set it back with a condition. okay democrats in the senate. you have not passed a budget in three years. the reason why the democrats have control of the senate is that harry reid has said democratic senators in the witness protection program with ever -- whenever budget issues come up. twenty democrats are up for election in 2014. half of them should not be coming back of the continue to vote with obama on tax and spend crazy debt policies which is what they have been doing. i think it is very important for the american people to see what the senate has not done and to force them to act but that. gerri: you sure can't act -- argue with that. the senate has not passed a budget and 1,361 days
was kind of pleased to see that the republicans offered a new idea with the debt ceiling a few days ago. that's good. in the last week or so we have seen some changes on the republican side on immigration. a more -- more of an understanding for the need for an immigration policy. the country is becoming more and more diverse and minority. this is good. only in the united states could we handle this kind of diversity and we should be proud of it and we should educate the young people and give those who are not here under legal status an opportunity to gain some kind of legal status. that's what the legal immigration should be all about. and also, climate and gun control and all the other things that are before him. >> how did he get washington off the dime here? what's the first thing? >> one of the things that has gotten so much attention, he doesn't get along with come, doesn't spend enough time with them. i know he's thinking about that. i hope he does reach out more than he has in the first four years and i hope congress is ready to reciprocate. they can't defeat him in the election
concerned, indeed. i think the talks in the u.s. about the debt ceiling combined with spanish gdp coming out, my worries about german gdp, uk numbers at the end of this week, i think it is a rather unpleasant cocktail which is brewing. the last time, the story in the u.s. did stop the rally in its tracks. combined with bad news possibly later in the month, that could put a sense of reversal. i've been going for risk off in february and march. >> you're starting to fade this move. >> i'm recommending investors now start to back off and look for good ways of getting their risks down. >> all right. allen capper, head of strategy at lloyd's, thank you so much for your time. stick around. coming up, preparations returned way in washington for the inauguration of president obama's second term. what does it mean? we'll explore. >>> welcome to "worldwide exchange." i'm kemly evans. these are your headlines from around the world. all eyes on washington, d.c. today as president obama will be sworn in publicly for his second term, this amid continuing division owes capitol hill over physical policy. >>
the cliff on the debt ceiling. >> if you do talk to republicans, they'll tell you this is a president, very confident from his re-election. some might use the word cocky, and that he has become more partisan and more hard nosed. would you agree with that sae assessment? >> and is it by necessity or choice? >> no, i think he's become -- he's practical. and if the other side is going to take a position that they're going to oppose you on every initiative, you have to seek national support. in a democracy, people push policy forward not the politicians and so that's a lesson that he has drawn from the first term. that said, as far as i can -- as i know, and as i know him, his door is always open to people who are willing to work together to solve problems and one hopes in the next four years there will be a spirit of cooperation. understand we're never going to agree on anything. that's why we have two parties. in order to move the country forward we have to move together. >> david axelrod, always good to see you. >> good to see you, savannah. >> i know you'll be watching. we will have more on
a vote on the debt ceiling. so it just -- >> on wednesday. >> only gets better. >> yeah. at this point, we are in the middle of a process of governing that's going to get very hot very fast this week with the debt ceiling vote in the house and potentially a filibuster vote in the senate. the president speaking to some of those matters at least in the second inaugural. not a state of the union but had a lot of specifics in it. you are watching msnbc's live continuing coverage of president obama's second inauguration. we'll be right back. have given way to sleeping. tossing and turning where sleepless nights yield to restful sleep. and lunesta®(eszopiclone) can help you get there. like it has for so many people before. when taking lunesta, don't drive or operate machinery until you feel fully awake. walking, eating, driving, or engaging in other activities while asleep, without remembering it the next day, have been reported. lunesta should not be taken together with alcohol. abnormal behaviors may include aggressiveness, agitation, hallucinations, or confusion. in depressed patients, w
out of g.o.p. in washington that they will raise the debt ceiling without a large political fight in washington, effectively giving the market some room to move higher without washington standing in the way in terms of their bureaucratic lock-up. david: but peter the president essentially said the -- he did throw a line to the deficit but immediately after he said we need to invest in the economy, more spending. how will the market respond to the fact that we have a president who doesn't seem to be prepared to negotiate on spending? >> the markets are going to demand that the president negotiate on spending. the markets will behave in ways that punish the president if he does not come to the table with sensible and balanced approach to spending cuts. we've gotten our revenue increase in terms of the taxes and the highest, 1, 2 percent. it is now time for the president to come to the table with some entitlement reform, tax code changes, adjustments or a complete rewriting of the tax code, and if the markets don't see a sensible approach to an ever-increasing deficit to the tune of
republicans the week before any default triggered by refusing to lift the debt ceiling really would be the best outcome if we could stick together in weather the storm. i was convinced her deficits had become so severe that are national credit rating would be downgraded anyway and economy to to flounder. the shock therapy of the fall could be a thing that we can congress. unless we stick together, it made little sense for me are new members to mount it, cause he mission to delay the vote and force you to follow. >> guest: first of all, ask yourself the question, when was the last time the debt limit was not increased? so do we have a tip in made in country? the answer to that is the reason were in trouble because we essentially dull. every time i pass that lets you basic, they get a raise. we've never acted responsibly to trim the waste in government. but here's the other point i made. we are going to. and here's the debt unaware going to run into in a sweat "the debt bomb" is all about. there will come a time in the near future where people won't loan us money because their expecta
Search Results 0 to 23 of about 24 (some duplicates have been removed)